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Banks' fund sales may top $137b in 2007

2008-01-02 15:24:48

Chinese banks' sales of private wealth management products last year may have reached 1 trillion yuan as they seek to broaden sources of revenue.

VC investment in China hits $3.2b in 11 months

2008-01-01 09:32:18

Venture capital institutions from home and abroad had pumped $3.18 billion into 428 deals in China from January to November 2007.

China approves gold futures trading

2007-12-29 11:22:30

The Shanghai Futures Exchange (SFE), one of China's major futures trading agencies, is expected to launch gold futures trading soon following regulatory approval.

China Investment denies buying stake in ANZ Bank

2007-12-25 17:05:00

Lou Jiwei, chairman of China Investment Corp, denies buying any stake either in the Australia & New Zealand Banking Group or in Sinopec.

Investors' results mixed in 2007, optimistism remains

2007-12-25 14:29:56

Just over half, or 51.36 percent, of all stock investors showed no gains from China's bull market, while 48.6 percent gained more than 10 percent this year.

VC fund to back Binhai economic zone

2007-12-25 09:53:04

CDB and TBNA signed an agreement to set up a venture capital fund to boost high-technologies start-ups in the fastest-growing economic zone.

Copper, zinc futures rise

2007-12-25 09:53:04

Copper and zinc futures in Shanghai jumped to the daily allowable limits yesterday, triggered by falling inventory and rising expectations of robust demand in 2008.

China to cut long-term construction T-bond issuance

2007-12-22 13:56:32

China will reduce the volume of long-term treasury bonds issued for construction projects in the next two years but won't eliminate them.

Second batch of QDII ready to go

2007-12-22 13:04:32

ICBC Credit Suisse Asset Management Ltd announced it will launch 22 billion yuan of QDII fund, ushering in China's second batch of the funds.

Market, experts hail Morgan Stanley deal

2007-12-21 07:07:40

The international market sees China Investment Corp's investment in Morgan Stanley as a big business move and experts hail it as a deal in the right direction.

Corporate debt move a watershed for market

2007-12-19 10:32:45

Multinationals now have access to the domestic corporate debt market, which is hailed as a major breakthrough in the opening of the financial services sector.

CICC obtains $5b QDII quota

2007-12-18 14:00:05

China International Capital Corp acquired a QDII investment quota of $5 billion, a forex management official said.

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